China's Huawei 2014 smartphone revenue to rise 30 percent year-on-year: memo

BEIJING (Reuters) - The smartphone division of Chinese telecoms firm Huawei Technology Co Ltd recorded $11.8 billion in revenues in 2014, a 30 percent year-on-year increase, according to an internal memo seen by Reuters. The memo also said the division shipped about 75 million smartphones in 2014, a 40 percent year-on-year increase, but which lagged its target of 80 million units. (Reporting by Gerry Shih; Editing by Miral Fahmy)

via Tech News Headlines - Yahoo News http://news.yahoo.com/chinas-huawei-2014-smartphone-revenue-rise-30-percent-074822327--finance.html